Latest Marsh McLennan Headlines
All the headlines from our Marsh McLennan Topic Page, ordered by recency.
Mercer Insurance Group Reports Positive Numbers for Q3
Nov 2 2005 // Mercer Insurance Group Inc. reported its operating results for the quarter and nine months ended Sept. 30, 2005. Mercer Insurance Group Inc. (the Company) offers commercial and personal lines of insurance to businesses and...
Marsh Boosts Profits in 3rd Quarter; Says Restructuring for 2006 on Target
Nov 1 2005 // Marsh & McLennan Companies, Inc. today reported that net income for the third quarter was $65 million, or $.12 per share, an increase from $21 million, or $.04 per share, in the third quarter of 2004 Consolidated...
Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh
Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...
Most Insureds Accept Spitzer Fund Settlement, Reports Broker Marsh
Oct 17 2005 // Marsh & McLennan reported that about 70,000 policyholders have opted for payouts from an $850 million fund formed to settle New York Attorney General Eliot Spitzer’s investigation into bid rigging and price...
Guy Carpenter Unveils CAT Mapping Tool to Assess Katrina Losses
Sep 28 2005 // Guy Carpenter & Company, Inc. has introduced i-aXs catastrophe mapping, an online tool that enables clients to assess specific properties at a potential risk of loss in areas impacted by catastrophes, specifically...
Marsh: Excellent Response Received from Clients Participating in Comp Fund
Sep 27 2005 // Marsh & McLennan Companies Inc. (MMC) said Tuesday that it has received an excellent response from policyholders eligible to participate in the compensation fund MMC established as part of its settlement with the New...
NAIC Reports Multi-State Regulatory Settlement with Marsh & McLennan Cos.
Sep 21 2005 // More than 30 state insurance regulators working collaboratively through the National Association of Insurance Commissioners (NAIC) on Wednesday announced a multi-state regulatory settlement with the nation’s largest...
N.Y. AG Spitzer Indicts Former Marsh Execs for Roles in Bid Rigging, Fraud
Sep 15 2005 // New York Attorney General Eliot Spitzer and Insurance Superintendent Howard Mills on Thursday announced the indictment of eight former executives of insurance brokerage giant Marsh Inc. for their roles in a bid rigging...
Guy Carpenter & Company Releases Study of Property Catastrophe Reinsurance Market
Sep 12 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies has released its annual, comprehensive study of the property catastrophe reinsurance market, The...
MMC Names Storms Chairman, CEO of Marsh; Caulfield Appointed at MHRC
Sep 9 2005 // Michael Cherkasky, president and chief executive officer of Marsh & McLennan Companies Inc. (MMC), announced that Brian Storms has been named chairman and chief executive officer of Marsh Inc., its risk and insurance...
Snyder Joins Guy Carpenter
Sep 7 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, announced that Jack Snyder has joined the company as a managing director and manager of...
Marsh CFO Resigning in March
Aug 22 2005 // Marsh & McLennan Cos. reported on Monday that Chief Financial Officer Sandra Wijnberg will relinquish her role with the company in March. Wijnberg joined Marsh & McLennan in January 2000 and assisted the company...
Guy Carpenter Names Spiller as New President Effective Jan. 1, 2006
Aug 15 2005 // Guy Carpenter & Company Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has appointed David Spiller as its new president, effective Jan. 1, 2006. Most recently,...
Marsh Unveils Q2 Report
Aug 2 2005 // Marsh & McLennan Companies Inc. (MMC) has reported financial results for the second quarter and six months ended June 30, 2005. Consolidated revenues for the quarter increased 2 percent to $3.1 billion. Net income was...
Ohio AG Says Customers Need More Time, Info to Evaluate Marsh Settlement
Jul 19 2005 // Ohio Attorney General Jim Petro has told New York-based insurance broker Marsh & McLennan Companies Inc. that policyholders in Ohio harmed by the company’s alleged anticompetitive activities deserve more time...
News Briefs
Jul 4 2005 // MASSACHUSETTS Romney Would Require Insurance: Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage, which he has dubbed the Safety Net Care...
MARSH WON’T SELL BUSINESS UNITS:
Jul 4 2005 // Marsh & McLennan Companies will not sell any of its various businesses, the company announced after completing a strategic review of its options. Michael G. Cherkasky, president and chief executive officer of Marsh...
Marsh Names Sinnott Vice Chairman
Jun 30 2005 // Marsh & McLennan Companies Inc. (MMC) announced that John Sinnott has been named a vice chairman of MMC, Office of the CEO, effective July 1, 2005. He joins MMC International chairman Mathis Cabiallavetta as a vice...
Marsh Decides to Keep Businesses
Jun 13 2005 // Marsh & McLennan Companies will not sell any of its various businesses, the company announced after completing a strategic review of its options. Michael G. Cherkasky, president and chief executive officer of Marsh...
Marsh Exploring Options for Wholesalers Crump and Price Forbes
May 26 2005 // Marsh Inc., a leading risk and insurance services firm, announced that it has retained Banc of America Securities LLC to act as its financial advisor to explore strategic alternatives for its wholesale broking operations,...
